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PLATINUM GROUP METALS LTD

For the period ended Aug 31, 2024. Filed Oct 9, 2024.

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Aug 31, 2024 · Filed Oct 9, 2024

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PLG$1.10+6.8%Stored close · as of Nov 6, 2026
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Contents

EX-99.1 · Table 14-2: Coding of Samples

Table 14-2: Coding of Samples

BHIDFromTo4EFlag
WB008D2490.00490.250.0710
WB008D2490.25490.500.0500
WB008D2490.50490.750.0700
WB008D2490.75491.000.0600
WB008D2491.00491.250.0600
WB008D2491.25491.500.0600
WB008D2491.50491.751.9801
WB008D2491.75492.000.1111
WB008D2492.00492.252.0001
WB008D2492.25492.501.7401
WB008D2492.50492.750.3920
WB008D2492.75493.000.5150
WB008D2493.00493.250.4050
WB008D2493.25493.500.1610
WB008D2493.50493.750.0600

14.1.6.2 Density

Density was kriged for each block in the model similarly to grade. There were cases where density was not measured. As a result, there were some gaps in the data. The gaps were assigned values according to their lithology and an analysis to determine average values for each lithological unit. On average, the density value for the F-Zone was 2.95 t/m 3, 2.91 t/m 3 for TZ, and 2.88 t/m 3 for T0.

The density values were considered by the QP to be appropriate for BIC type mineralization.

14.1.6.3 Composite Indicators

The indicators (0 and 1) were composited on a 1 m basis to ensure they had the same support.

14.1.6.4 Create Start Model

After compositing the indicators, an indicator start model was created. This has the same origin as the flattened block model with block sizes of 5 m x 5 m x 1 m in the X, Y, and Z direction, respectively.

Waterberg Technical Report

14.1.6.5 Setup Indicator Estimation Parameters

The indicator estimation used an inverse distance squared algorithm since the data was already flagged as 0 and 1. The search ellipse was constrained to a single pass.

14.1.6.6 Estimate Indicators

The flagged indicators were estimated using inverse distant weight to obtain a mineralized envelope, as shown in Figure 14-19.

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